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- tex123 replied Jan 23, 2019
Erebus for your information i'm not lazy and don't be such a rude arse . People can also copy and past the rules to there e-mail and print too.Thanks anyway and good luck to you too. I'm trying to help traders.
pin bar trading
- tex123 replied Jan 23, 2019
Good Morning Danc --midnight here. Your getting the hang of it now. Your Rsi 5 is correct.You had the lowest low of the last 5 candles is good.You had # 2 entry and top 25% close which is good. Ok now lets look at the rsi sweet spot which is between ...
pin bar trading
- tex123 replied Jan 22, 2019
Nailed this one for winner (GPB/Cad above chart) ! Price never retraced back to cover point. All positions (S) covered. Look where price went ...right to pivot high.I'm heading out of town...later.Remember stay humble .
pin bar trading
- tex123 replied Jan 22, 2019
Here we go Danc ---nzd/jpy . Just remember we want to have a deep enough pullback to to least have a 1 to 1 to pivot high.Very important to learn the lowest low of the last 5 candles on buy and highest high of the last 5 candles on sells.After this ...
pin bar trading
- tex123 replied Jan 22, 2019
[quote=danc;11910219]Tex havnt been throu any of your latest stuff YET.. will get stuck in morrow..but short this NZD JY 4hr and ad ud and adjy head spinning from amount of charts i have looked at.. bldy heat wave here all most unbearable..got chart ...
pin bar trading
- tex123 replied Jan 22, 2019
This is a little more than what i normally like to risk which is 87 pips.Remember this is the #2 entry which is right after the 5 candle low #1. We still have plenty of room to run to pivot high for a potential target. We did get filled on the next ...
pin bar trading
- tex123 replied Jan 21, 2019
Need to practice this exercise. We do not wont any wick to go below #1 candle and we need to have at least 4 candle lows above #1....practice practice. I'll be out of pocket today. image
pin bar trading
- tex123 replied Jan 21, 2019
Ok here is the Usd/jpy chart more in detail.Remember we allways cover or move our stops to the high of the entry candle once we reach half our risk.The closed candle must touch the half way point ...the green body not the wicks.So in this example it ...
pin bar trading
- tex123 replied Jan 21, 2019
No worries Danc.Will go over everything over and over.You'll get it over time and it will fall in place.I'm assuming the bottom chart is Oanda.Ok your Rsi needs to be 5 instead of 14. RSI 5 is just faster and represents 5 periods on whatever time ...
pin bar trading
- tex123 replied Jan 20, 2019
Looks great Danc. Now Danc if you want to save this as your default or save any other templates just go to the VIEW tab on top left and scroll to toolbar and make sure your Standard,charts,line studies, and time frames are all checked. After this is ...
pin bar trading
- tex123 replied Jan 18, 2019
Your more than welcome Danc...be careful on the beach.We have some cold weather in the chill factor teens coming this weekend with 30mph winds .Hopefully this one won't stick around because i have some outside animals i have to look after. Yea the ...
pin bar trading
- tex123 replied Jan 18, 2019
Danc i need you pull up a 4 hr USD/JPY chart and see if you get the same chart as mine on your chart. Central time usa Texas ,Mexico canada time gmt time on Oanda. Then once your chart compares to mine then we will go over this trade step by ...
pin bar trading
- tex123 replied Jan 18, 2019
Danc looks like you have the oanda mt4 up and running correct ? Your making very good progress. You have the correct setting on the RSI which is 5. Okay now on the rsi lines all you need to do is add 40 and 60 . Also you need to add a 20 ema and ...
pin bar trading
- tex123 replied Jan 16, 2019
I may have allready posted this once . This is very very important so it needs to be ingrained in your mind the first rattle out the box when you look at these charts before you do anything else. I would even save this post or write it down. If you ...
pin bar trading
- tex123 replied Jan 16, 2019
Your doing fine Danc...just be patient and don't get frustrated. I have the oanda mt4 platform.Load up the demo first and only trade the pairs without high spreads not over 7 pips or so...and not some off the wall pairs with 15 or 20 pip ...
pin bar trading
- tex123 replied Jan 15, 2019
Nice one on nzd pair....Remember we can take an entry on the lowest low of the last 5 candles or the next one after it if the risk is at least a a 1 to 1 to pivot high to left. This one liked a a few pips of being a 1 to 1 to pivot high but still ...
pin bar trading
- tex123 replied Jan 15, 2019
Another nice one .All rules applied.Ok Danc i explained more detail on the top 25% candle entry.You can place your cursor using your mouse or whatever over the candle and it will tell you the high-low-close. I'm using Oanda mt4 platform and does ...
pin bar trading
- tex123 replied Jan 15, 2019
Danc once you identify the setup and to see if it is a top 25% close candle ...on a buy you just take the high minus lo and multiply by 75%.Take that number and add from bottom of your potential entry candle .Then look at your candle on the chart to ...
pin bar trading